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The Silicon Valley Gender Gap

CNN Opines that the Women of Alibaba put Silicon Valley to Shame The worst kept secret in Silicon Valley is that tech firms have a major gender diversity problem.  At company after company, men dominate the top jobs.  It’s a different story at Alibaba who gave investors more details about how the company works this week, revealing for the first ... Read More »

Alibaba Eyes Beidou SatNav System

Alibaba Group Holding Ltd is set to join with the country’s largest defense equipment manufacturer to promote the Beidou satellite navigation system for civilian use. Numerous reports on Monday said the cash-flush Alibaba Group has added to its latest investment spree by inking a deal with State-owned China North Industries Group Corp for a joint venture based on the Beidou ... Read More »

Global Trends in E-commerce Sector and Impact on the Logistics Industry – Global E-Tailing 2025 Study

 “Global E-Tailing 2025” is the first scenario study with a focus on global trends and developments in the e-commerce sector and their likely impact on the logistics industry over the next eleven years.   By Deutsche Post DHL By means of four future scenarios, the “Global E-Tailing 2025” study describes the role which electronic retailing will play in people’s lives in ... Read More »

Walmart Launches Indian B2B E-commerce Platform

According to media reports, U.S.-based retailer Walmart has launched a new B2B e-commerce website to serve India’s small and medium-sized enterprises (SMEs). The new online service is currently being trialled in Hyderabad and Lucknow, and is scheduled to run nationwide by early 2015. The platform currently serves Walmart’s existing users of its cash-and-carry stores in India, which is a limited ... Read More »

First Data Raised $3.5 Billion Private Placement Led By KKR

Marking a year of significant transformation under its new management team, First Data Corporation today announced that First Data Holdings Inc., the direct parent company of First Data, has received commitments to purchase approximately $3.5 billion of its common equity in a private placement.  The net proceeds from the private placement will be used to strengthen the company’s balance sheet ... Read More »

Alibaba Launches Mobile Payments and Services Platform

Alibaba has unveiled Mashang Tao, a platform that enables brands and merchants create QR codes that can be used to make purchases in stores, online and from printed advertisements, as well as provide a range of services to consumers. Mashang Tao currently includes five services, such as Shangpin Ma (a type of QR codes that are set to be featured on ... Read More »

Alibaba Group’s First Quarter Revenue up 38%

The Alibaba Group reported first quarter results which ended 31st March 2014. The company posted a net profit of US$893 million, an increase of 32% over the same period last year. Revenue was up 38% to US$1.9 billion.  This represents a slowing of the growth rate which was 62% in the first quarter of 2013. Source:  Business Strategies Group Hong ... Read More »

Alibaba takes on Amazon and eBay with U.S. e-commerce

Alibaba Group Holding Ltd unveiled its first direct-to-consumer online shop in the United States to take on Amazon.com Inc and eBay Inc on their home turf. The website, 11main.com, which is currently in beta, will feature a wide range of products, including “one-of-a-kind items, not available at mass merchants and other large e-commerce sites,” Alibaba said. The invitation-only marketplace, which ... Read More »

Alibaba Acquires Remaining Shares of Browser-maker UCWeb

The acquisition of UCWeb appears to be China’s largest tech acquisition.  Financial terms are not disclosed, but the two firms call it the “biggest deal in Chinese internet history.”  Internal letters reveal that the deal values UCWeb at far more than the $1.9 billion that Baidu paid for 91 Wireless, which is China’s largest internet acquisition to date. Prior to this, ... Read More »

Alibaba Makes Further Investment in e-Commerce Logistics

Broadens its global expansion plans with a $249m investment in Singapore’s postal service Alibaba announced that it will invest S$312.5 million ($249 million) into Singapore’s national postal service provider SingPost, taking a 10.35 percent stake after the completion of the deal. Both companies also signed an agreement that would pave the way for discussions on setting up a joint venture ... Read More »

HC International Doubles Profit in Q1

Hong Kong-listed HC International reported its results for the quarter ended 31st March 2014. Revenues in the quarter were US$36 million – an increase of 39% over the same quarter last year. The company recorded profit attributable to equity holders of US$6.8 million, an impressive growth of 109% from 2013. Diluted earnings per share in the period were RMB 0.0615 ... Read More »

Alibaba and ShopRunner in Partnership to Providing Chinese Customers Access to Goods Sold in the USA

Alibaba has partnered with US e-commerce platform ShopRunner in a deal that will allow Chinese consumers easier access to goods sold in the US.  ShopRunner will use Alibaba’s logistics infrastructure to get products to Chinese customers from their thousands of retail partners, which include brands like Calvin Klein, GNC, and Kenneth Cole, as well as partner stores like Neiman Marcus and Lord ... Read More »

Bertelsmann Q1 2014 Revenues up 8.5%

Bertelsmann has begun the 2014 fiscal year with considerable revenue growth and a record operating result.  The international media and services group’s consolidated revenue from continuing operations rose sharply by 8.5 percent during the first-quarter reporting period to €3.90 billion (previous year: €3.60 billion).  The increase was driven by Arvato’s takeover of the e-commerce service provider Netrada and by the ... Read More »